March to April 2017 is my good month. I earn almost 5x of my investment. But now its kinda disappointing my coins were bought while bitcoin is 2900usd. Now all of my coins are in bloody red.
$2900 was well in overbought range and you would have done well to stay out of the market until the price makes a good dip and in the mean time concentrate on earning as much as you can. I suppose you do not incorporate some market analyzing tools in your trading decisions to have come this way and I want to suggest you employs tools like Bollinger Bands to paint the picture clearer whenever overbought and oversold conditions are reached, so you could take appropriate steps. Nevertheless, I think you can still hold out your coins pending when the next ATH price would be attained, with Bitcoin, we all know it is just a matter of time!
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these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading. so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
I've tried it only once. It was with Lisk. It was a while ago, i think i bought in from bittrex and sold on poloniex and took advantage of the price differential. However arbitrage with altcoins are extremely rare these days. I've tried also with VPNcoin, people were selling vpncoin for like 0.00002 BTC but on yobit there was tons of buy orders at over 0.0001. Shocked me at first and quickly bought 0.1 BTC worth of VPNcoin. But only after i bought it i realised all yobit deposits were closed, meaning that i had to cop a loss of over 0.02 btc due to the spread Somethings worthy of note and in fact, lesson to learn from your experience is that in arbitrage trading, the coins to trade, the exchanges involved and volumes of trade is a must 'consider' before carrying out any transaction. Some coins are actually worthless and there are quite a number of them out there. Everything that glitters isn't gold!
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Some people don't realize that they're buying high until the price significantly drops after purchase. I've made that mistake before, and wish that I had been more patient before jumping in. In any case, the principles still stand... Don't trade with money that you can't afford to lose, always do your best to buy at the absolute lowest price, and never ever ever ever sell at a loss. Patience is a virtue in this business.
That is exactly what a trader gets, when they refuse to engage some market analyzing tools in reaching their trading decision. It is hard enough to make informed market decisions just looking at the charts, but a number of traders, especially those without some roots in forex trade are quick to argue that they don't count in crypto-trading, but unfortunately they do. They may be hard to detect with new coins and that's all because the liquidity of new coins are still in the hands of very few holders, who readily manipulate the market to their own advantage.
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https://topbrokers.trade/guide/what_is_forex/ here is the link that I made a research on and I dont know if this can be use for coins that needs to be trade. In short I dont know if this wallets (at the link) are realated to bitcointalk.org or trading . Plus I want want to know if this is legit to the trading world here in bitcointalk.org Can someone help me about trading basic steps? Iam still in the process of learning. I also want to know what wallet or site can be use for trading?. I also want to know if the wallets at the link is legit It is basically an educational site promoting trading in forex, stock, indices, etc and also has a section for Bitcoin. Ultimately what they are looking at, is that you might consider signing up with one of the brokers they are affiliated with after going through their guides, so they would be earning referral commission off your trading and that is quite normal. Which wallet are you actually referring to? I didn't see anywhere they suggested any payment to be to them, any of the brokers they suggested, you should also carry out your due diligence before signing up and trading with them, that is affiliate marketing!
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It is indeed nice to also have all these FUD guys in the community. They are the very tools to make buying Bitcoin again and again at cheaper rates possible. We all do not necessarily have to visualize same image even while looking at same picture, that is the way things goes, so we just let them play out their roll and life goes on. This is one of those junctures, where risk taking can mean everything, while others are looking for cover.
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block. But safer to include at least the minimum fee, so it would only be a matter of time and the transaction would be confirmed. Miners are actually business people and they are rendering some vital services, so they deserve to make some profit, only their charges are now becoming outrageous and people are beginning to complain.
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Define "Ordinary" citizens. Bitcoin is relatively uncomplicated as far as obtaining and spending / using goes. The market is only limited as far as vendors taking bitcoin as a form of payment. I'm sure you have some "ordinary" people who do in fact use bitcoin for some of their transactions online.
Right. Actually, bitcoin does not have the concept of ordinary citizens compared to other people. I see that anyone can use bitcoin when they want.Double does not need too much knowledge they can also learn and use. as long as you have the knowledge about bitcoin you can use it. thus, people around the world can handle technology and can use internet. It may be possible for every citizen even some of them just using it for online transaction, they must've known something about bitcoin. Bitcoin is purely for the common people, but as the price has increased to bigger extent the affordability by ordinary citizens has decreased. Just because of this common people focus more on earning it. In reality the more we have more will be the profit we get through it. This helps rich earn big profit through it. Bitcoin was conceptualized with low fees in mind as against the cut-throat fees synonymous with fiats, which only few could afford and to support micro payments. Those are certainly steps taken to carry ordinary people along, so from the word go, Bitcoin was made to embrace all, that is the way it can truly be the revolution and leveler that it is.
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Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible. There will be two different Bitcoins after 1st of August.? Which one would be good and which one bad ? No in the event of a split, there will be just one Bitcoin and an altcoin. We know Bitcoin has always been a survivor, so there is really nothing to freak about, just be sure to be in full control of your coins by holding the private keys and all will be well. Won't be a surprise if price dips a bit about that time on account of panic sell off, but that would simply present us an opportunity to buy Bitcoin at cheaper rate again.
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But as far as I know, usually whale does not using this kind of service, more over I never see any whale from BCT yet than really posting anything. Usually most of them are coming from outside and they have newbie account for sure If you stop by to check out the high roller tab of many dice game sites, you'll find that whales are not lacking in this field. With just a few of those high rollers as you referrals, your referral commission is sure to become spectacular. Hello there Well first our service is different because we regroup everything. We give gambling tips, TA, trade signals, invesment advices... But also as you pointed out free rakeback on websites yeah. Nevertheless the big difference with dice rakeback site is that we give this out for EVERY SITE. Just name a site and we'll offer you 10% rakeback Interesting to know you offer refback for all dice game sites. Do you've an understanding with site owners for better commission or it's all based on the normal referral commission those sites offer. The mode of payment, I think minimum amount to be paid is going to be essential.
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Not a bad one, but I was looking to see a faucet, so it would be as easy for anyone to have first hand test of how your site really works without having to deposit first and an incentive to attract players to your site. In that case, the minimum bet would have to be lowered because a faucet of 100k Satoshi would be out of this world.
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Chart or technical analysis can be useful because there are pattern and some information from the chart but it can't be 100 %, if it can be accurate 100% all the exchanger can go bankrupt, but with technical analysis and chart you can increase your profit chance
Not a chance, technical analysis is objective! So that one trader might be seeing that a cup is half filled, while another is seeing things from the point of view that the cup is half empty, at the end of the day, their inference would differ on account of their dispositions, nevertheless, they converge along the line. I must add here that T.A. are to a trader, what navigation aids are to pilots. Certainly, it won't be the one to fly the plane, its role is simply to guide, while you sit at control.
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I know of pretty good ways to earn bitcoin
send me a pm
I bet you don't, if you do, you'd have gladly shown one off here but instead you asked for a PM, which can be a way to fly below radar. Better to put down your ideas here so others reviews and contributions can help even you to spot pitfalls and ways unknown to you to getting the best out of them. Two good heads they say, is always better than one.
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There are no viable options without unacceptable risks. People will tell you gamble, invest in some bullshit company or ICO or some ludicrous website offering impossible gains.
Here's the facts - there is not one, ONE, single legitimate option offering interest or risk free returns on Bitcoin. If there were it would be sold out immediately because millions of coins are looking to go to work.
Your best bet at the moment is to sign up for altcoins that are given away for free to Bitcoin holders. Stellar is the most recent one but there are a couple of others too. You can then sell it.
How forceful are right words! There're no risk free ways to make money or earn Bitcoin anywhere, all one needs to do is to ensure they always go with calculated risks and chances are good, they won't be swooped off their feet. In addition to what Gentlemand pointed out, Byteball and Clams giveaways are also yours for the taking. Here's a link Ofir Beigel of 99bitcoins.com recently sent to me. In case, you like it, also see how to support the work he is doing in his site: https://99bitcoins.com/how-to-use-your-bitcoin-wallet-to-get-free-coins/?utm_source=99Bitcoins+blog+updates&utm_campaign=5d7d846f1b-EMAIL_CAMPAIGN_2017_06_27&utm_medium=email&utm_term=0_ca691db33c-5d7d846f1b-120553029Good luck!
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The biggest problem is trying to figure out what is "high" and what is "low" for any given coin. Bitcoin sure seems "high" right now (compared with a few months ago), but compared with $100k, then $2.5k is quite low.
Ultimately no price level can be said to be the peak or bottom value, because the market is constantly responding to the forces of demand and supply and every level is only in the passing. That informs a need to always see whatever current price level for what it is and tag along. The market simply has a mind of its own, best bet is to follow it wherever it goes! Standing in front or thinking instead for it, is a main reason good number of traders often end up buying high and selling low.
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With regards to 6. arbitrage opportunities shows up every now and then across the exchanges - not just BTC-e and Poloniex, but speed, fees and time lag for transfers, mostly take the wind out of the sail. However with your $200k and team of software engineers you can circumvent the need to always transfer from one exchange to another by splitting your money as Cakir suggested - cash at exchange with lower rate and BTC at exchange with high rate. Buy say 50 BTC here, sell 50 BTC there, transfer with calm while balance is used to start another leg. Your engineers would have to create or adapt a custom bot for efficiency and to seamlessly follow the markets around the clock.
Going by some of the questions you asked, I think you need to take sometime out to understudy the operations of exchanges, paying special attention to the rise and fall of Mt.Gox and Cryptsy. In between mining and arbitrage trading could be holding sway for you. Mining is still profitable because you must not mine Bitcoin to end up with Bitcoin.
Btw, it matters that Poloniex is an America company, if you site your company in some island, that would be the first red flag up! Best of luck!!
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How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.
Before you could start a business,think what kind of business you want enter. Research about the business especially if you are starter.Do not always think of its positive effect of the business you must consider its negative side so that when problem comes you are ready and equipt to handle it. I think the first question is : What is your passion? It is hard to start a business that you do not know about it or passion with it. Though you can learn it but its good if you have already idea about the business you are going to enter. Also, if you have enough money, why not get a franchise instead. That's supposed to be the first step forward, because every business has its secret and you don't get anywhere without first mastering those secrets. The reason passion has a very vital role to play is your choice of business is that thing don't always move as planned or in a straight line. Passion for whatever you find yourself doing will turn out the driving force at those times that almost every seems not to be in favor of the business.
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i earn bitcoins by using faucet sometimes, well it is hard in the first time but when you already use to it it will go well for sure.
Faucet is a good start for newbie but the amount of bitcoin you earn from faucet is very small but If you have a lot of refferals everything will be different )). With faucets alone, even your internet subscription renewal would be a struggle. We have been there and done all that, so instead of trying to reinvent the wheels, instead spend most of your time investing in yourself by learning to trade, design or coding, etc while participating and growing with campaigns that welcome newbies and in no time, you would be happy with yourself for taking such decision.
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The point is that group of people are not same involved as two people which have same aim. Building same trade tactics and gain knowledge together and speak on real time is for me pourpose. Please contact me via mail michal.wawrzyniak151@gmail.comI understand your mean, condition for do that is the member talk with you need have basic knowledge, experience about crypto market. If not have it, the conversation will only from you and this person just hearing and learning your knowledge, can't discuss with you What is in between the line, is that op basically needs someone more knowledgeable than he is to mentor him, but he is trying to down play it by saying he needs a co-learner. I'm sure he would most likely end up if at all with a complete newbie, because anyone more knowledgeable than he is, must know the value of what they got and the worth of their time. Knowledge is never cheap, you shall have to either spend your time to unearth it or spend your money to have another point the way!
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Anybody can say me how to trade in Bittrex or Poloniex or Kraken to make more profit? I traded but can't pick the right asset to trade. In Bittrex also my value is diminishing day by day.
Learn from the mistakes. If you go upon others suggestion you'll never have a self thinking ability and you always fear of missing the opportunity. At times even the suggestion of others will lead to loss. So move forward on your own. Profit will be yours, sometimes it might be getting a bit delayed but assured based on the way you make yourself active. I agree with your opinion is sometimes sometimes the advice of others can make a loss because we can not do properly as others suggest to us, it would be nice we do ourselves because of self-belief that makes us to be more advanced. There is nothing wrong with listening to other traders view, inasmuch you're able to at the end filter the craps and noise, two good heads they say is always better than one. That presupposes that you already are well grounded in knowledge and experience too and problem only starts when one is a dumping ground that swallows every information sent his way hooks and sinkers.
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Beyond mathematics frequently describing the tendencies of markets, there lies the "dark arts" of technical analysis where people use the human eye to spot things like head and shoulders, double tops, flags, blah, blah, etc. Humans are great at spotting patterns, and given random noise will often find patterns that don't really exist - the face on mars, for example, or people looking at clouds, or the odd things mariners see out at sea.
People using TA on charts are making use of that skill to find patterns that may or may not exist. Is it reliable? No.
I don't see any link technical analysis has with dark arts and people only run into some difficulty with them when they seek to make holy grail out of them, but what they are really setup for is simply to suggest a clearer picture of what's going on in the market and so be in a better position to make informed trading decisions. A good workman hardly have issues with his tools, but a lazy workman would always pass the bulk to their tools!
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